Why Navistar International, Michaels Companies, and Box Jumped Today [The Motley Fool]
Navistar Intl Corp (NAV)
Last navistar intl corp earnings: 3/4 06:25 am
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Source: The Motley Fool
Why Navistar International, Michaels Companies, and Box Jumped Today Dan Caplinger ( TMFGalagan Sep , 09 at :0PM The stock market rebounded on Wednesday as investors responded favorably to news that Hong Kong officials would back down from hard-line positions taken against protestors. A big bounce in crude oil prices also helped lift key players in the energy sector Navistar International NYSE:NAV Michaels Companies NASDAQ:MIK Box NYSE:BOX Navistar drives higher Shares of Navistar International climbed % after the truck and heavy equipment manufacturer reported favorable fiscal third-quarter financials. Revenue jumped 7% compared to year-earlier levels, with Navistar saying that a big boost to core sales of trucks and buses in the U.S. and Canada contributed the most to its performance. Adjusted net income soared by more than half, and CEO Troy Clarke pointed to increases in market share as further evidence that the company is doing well. Having built up momentum throughout the year,
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